Business Studies, asked by Avaneesh154, 4 months ago

What are the needs of working capital?

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Answered by jocelynmanuel80
0

Answer:

Your working capital is used to pay short-term obligations such as your accounts payable and buying inventory. If your working capital dips too low, you risk running out of cash. Even very profitable businesses can run into trouble if they lose the ability to meet their short-term obligations.

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